285 Waterford Avenue Penticton, British Columbia V2A 6V5
$695,000
This 0.33-acre development property offers an excellent opportunity for investors and developers to create a multi-family complex in a prime location. It is conveniently situated within walking distance of the Walmart Shopping Centre, Skaha Beach Park, and Skaha Lake. The property features easy access, with significant road frontage and alley access, providing flexible design options. The property has the potential to accommodate up to 10 residential units with a rezoning supported by city staff (buyers should conduct their own due diligence). It is located within the legislated transit area corridor, which eliminates parking requirements. Currently, the property generates $1,200 in monthly rental income from an older home on the site that has been abated with a hazardous assessment report. Don't miss this chance to invest in a well-positioned property with significant development potential. (id:59116)
Property Details
| MLS® Number | 10317688 |
| Property Type | Single Family |
| Neigbourhood | Main North |
| AmenitiesNearBy | Public Transit, Airport, Recreation, Schools, Shopping |
| Features | Level Lot |
Building
| BathroomTotal | 1 |
| BedroomsTotal | 4 |
| ConstructedDate | 1956 |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Wood Siding |
| HeatingType | Forced Air, See Remarks |
| RoofMaterial | Asphalt Shingle |
| RoofStyle | Unknown |
| StoriesTotal | 1 |
| SizeInterior | 1591 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| See Remarks | |
| Other | |
| RV |
Land
| Acreage | No |
| LandAmenities | Public Transit, Airport, Recreation, Schools, Shopping |
| LandscapeFeatures | Level |
| Sewer | Municipal Sewage System |
| SizeIrregular | 0.33 |
| SizeTotal | 0.33 Ac|under 1 Acre |
| SizeTotalText | 0.33 Ac|under 1 Acre |
| ZoningType | Commercial |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Kitchen | 15'0'' x 10'0'' | ||
| Main Level | Primary Bedroom | 13'7'' x 12'8'' | ||
| Main Level | Bedroom | 10'4'' x 10'3'' | ||
| Main Level | Full Bathroom | Measurements not available | ||
| Main Level | Bedroom | 10'0'' x 6'6'' | ||
| Main Level | Bedroom | 13'0'' x 10'3'' | ||
| Main Level | Living Room | 16'0'' x 14'0'' | ||
| Main Level | Dining Room | 14'0'' x 9'0'' |
https://www.realtor.ca/real-estate/27093071/285-waterford-avenue-penticton-main-north
Interested?
Contact us for more information
John Green
Personal Real Estate Corporation
302 Eckhardt Avenue West
Penticton, British Columbia V2A 2A9
Natasha Badger
Personal Real Estate Corporation
302 Eckhardt Avenue West
Penticton, British Columbia V2A 2A9
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July 10 2024 10:32:00
Okanagan-Mainline Real Estate Board
RE/MAX Penticton Realty
